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Financings In Brief

This article was originally published in The Gray Sheet

29 Jun 2009

News

Executive Summary

Transcend Medical raises $35 million for glaucoma device development: Ophthalmic device firm raises $35 million in a "Series B" private placement to fund ongoing development of its CyPass minimally invasive system for reducing intra-ocular pressure to treat glaucoma. Announced June 22, the financing round was led by HLM Venture Partners